Return On Asset ratio Analysis of CNFinance Holdings Ltd - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Poor ROA
1.07
Period Ending - Dec-22
Poor ROA
0.951
Growth
12.07 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Poor ROA
0.870
Most recent Quarter ROA
Period Ending - Mar-24
Poor ROA
0.113
ROA Analysis of CNFinance Holdings Ltd
ROA Ratio of CNFinance Holdings Ltd with value of 0.870 means poor return on Assets in trailing twelve months. |
ROA Ratio of CNFinance Holdings Ltd with value of 0.113 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of CNF has grown by 12.07 % Compared to previous Financial Year. |
ROA Ratio with value of 4.10 was highest in Year Dec-19 in last Five Years. |
ROA Ratio with value of 0.453 was lowest in Year Dec-21 in last Five Years. |
Latest ROA Ratio with value of 1.07 is lower than Average ROA of 1.50 in last five years. |
Other ROA Related Info of CNF that may interest you.
CNFinance Holdings Ltd Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CNF | 1.6 | 1.665 | 3.90 % | Mortgage Finance |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Very Low Profitability Stock |
FY - Historical Return On Asset of CNFinance Holdings Ltd
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 1.07 | 0.951 | 0.453 | 0.939 | 4.10 | 4.45 | 2.92 |
Change | 12.07 % | 109.85 % | -51.72 % | -77.13 % | -7.73 % | 52.11 % | -3.04 % |
FY Chart of Return On Asset of CNFinance Holdings Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)